China’s ICBC Weighs Acquisitions in Middle East to Boost Profit
Industrial & Commercial Bank of China Ltd, the world’s most profitable lender, said it will consider acquisitions in the Middle…
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Swiss based wealth manager expands foothold into gulf market
La Cloche Wealth Management, part of the La Cloche Group, has established its position as a key regional player with…
QIA fund not restricted to any specific country: CEO
Qatar Investment Authority’s (QIA) global fund is open to partnerships across the world and not limited or restricted to a…
Bahrain’s Al Baraka Islamic bank sees new scope to expand
Bahrain-based Islamic lender Al Baraka expects at least 15 percent growth in net profit this year as its business recovers…
UPDATE 1-Sager succeeds Dabdoub as CEO of Kuwaiti bank NBK
National Bank of Kuwait said on Sunday it had appointed long-serving banker Isam al-Sager as group chief executive, succeeding Ibrahim…
Qatar wealth fund says keen on new UK investments
Harrods is one of Qatar's most high profile buys in the UK so far. The CEO of Qatar Investment…
Citi Bahrain marks milestone
Citi Bahrain celebrated 45 years of presence and 25 years of consumer banking operations in the kingdom. Held at…
Deutsche Bank wins Islamic Deal of the year and Most Innovative Deal
Recognizing its excellence in Islamic Finance, Deutsche Bank received "Islamic Finance Deal of the Year" award from Euromoney Islamic Finance awards…
Emirates NBD Sees Profit Growth of 10% at Wealth Management Unit
Emirates NBD PJSC the United Arab Emirates’ biggest bank, is aiming for annual profit growth of at least 10 percent…
Steady stream of Japanese investments flowing into Turkey
Claiming a share of the steady stream of Japanese investments flowing into Turkey in recent years, the Turkish mergers &…
Kuwait’s Global Said to Hire Osmansoy for Distressed Assets
Global Investment House KSCC, the Kuwaiti bank that restructured $1.7 billion of debt, hired Orhan Osmansoy to head its $600…
Morgan Stanley names MENA IB head as Froehlich heads to Europe
Morgan Stanley named Patrick Delivanis as the head of investment banking in the Middle East and North Africa, a spokesman…